Essex Financial Services Inc. Has $9.29 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Essex Financial Services Inc. grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 185,024 shares of the company’s stock after buying an additional 20,799 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 1.0% of Essex Financial Services Inc.’s portfolio, making the stock its 22nd largest holding. Essex Financial Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,294,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Walker Asset Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 3.0% in the fourth quarter. Walker Asset Management LLC now owns 7,015 shares of the company’s stock valued at $352,000 after acquiring an additional 203 shares during the last quarter. Rollins Financial boosted its stake in JPMorgan Ultra-Short Income ETF by 3.8% in the third quarter. Rollins Financial now owns 5,598 shares of the company’s stock valued at $281,000 after acquiring an additional 205 shares during the last quarter. Inscription Capital LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 4.0% during the 4th quarter. Inscription Capital LLC now owns 5,608 shares of the company’s stock worth $282,000 after acquiring an additional 214 shares during the period. Harbor Investment Advisory LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 8.6% during the 4th quarter. Harbor Investment Advisory LLC now owns 3,158 shares of the company’s stock valued at $159,000 after acquiring an additional 250 shares during the last quarter. Finally, Baystate Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.2% in the 3rd quarter. Baystate Wealth Management LLC now owns 7,209 shares of the company’s stock valued at $362,000 after purchasing an additional 289 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

Shares of JPMorgan Ultra-Short Income ETF stock traded up $0.02 during trading on Wednesday, reaching $50.22. 4,445,593 shares of the company were exchanged, compared to its average volume of 3,862,404. The business has a 50-day moving average price of $50.35 and a 200-day moving average price of $50.29. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve month high of $50.51.

JPMorgan Ultra-Short Income ETF Profile

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.